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Showing 591 - 600 of 979 results for "Financial System"

MySuper fees approaching KiwiSaver best practice

STAFF WRITER  |  TUESDAY, 21 OCT 2014
While there is lots of self flagellation over super fund fees in Australia, Australian fund fees may be closer to best practice than we realise. In a submission to the Financial Systems Inquiry (FSI) by the New Zealand Council of Financial Regulators ...

Mercer to launch longevity insurance solution

JAMES FERNYHOUGH  |  TUESDAY, 21 OCT 2014
... terms of a broad choice of investment options that pay an income in retirement for the rest of their lives. "The Financial System Inquiry interim report, in July this year, called the lack of effective longevity risk management a major weakness of Australia's ...

ASIC demands last resort compensation scheme

LAURA MILLAN  |  MONDAY, 20 OCT 2014
... Senate Economics Committee inquiry into forestry managed investment schemes (MIS) and in its submission to the Financial System Inquiry (FSI). ASIC noted that the effectiveness of professional indemnity (PI) insurance "is limited where an AFS licensee ...

Volatile like its 2011

BENJAMIN ONG  |  THURSDAY, 16 OCT 2014
... England, Bank of Canada, Swiss National Bank - announced a coordinated action to provide additional liquidity to the financial system. After five years of ZIRP, NIRP and QEs, I doubt that the world's major central banks would suddenly just let this current ...

CFS adds annuities to platforms

JAMES FERNYHOUGH  |  WEDNESDAY, 15 OCT 2014
... to growing demand, and in part a response to the emphasis on a need for more retirement income products in the Financial System Inquiry's interim report. Challenger said it expects to announce partnerships with other platforms in the coming months, which ...

AFA presents renewed strategy and Narrative

LAURA MILLAN  |  SUNDAY, 12 OCT 2014
... officer Phil Anderson briefed members about the association's policy agenda. In addition to FoFA, TASA and the Financial System Inquiry (FSI), the Australian Securities and Investments Commission (ASIC) latest report on insurance advice has put the spotlight ...

Market wrap AM

AAP  |  FRIDAY, 10 OCT 2014
... Statistics releases August housing finance figures. Meanwhile, Reserve Bank of Australia assistant governor (financial system) Malcolm Edey is slated to participate in a panel discussion at the Financial Services Institute of Australasia's annual conference. ...

Market Wrap AM

AAP  |  THURSDAY, 2 OCT 2014
... down 35 points at 5,287. Locally, in economic news on Thursday, Reserve Bank of Australia assistant governor (financial system) Malcolm Edey and head of financial stability Luci Ellis, are slated to appear before the Senate Economics References Committee ...

FEATURE: Quenching the thirst for income

MARK SMITH  |  FRIDAY, 26 SEP 2014
... classes. There has scarcely been a more important time to talk about investment income. Published in July, the Financial System Inquiry's (FSI's) interim report specifically raised concerns that the country's superannuation system was ill-equipped to ...

FSC advice regulation plan leaves AMP cold

LAURA MILLAN  |  THURSDAY, 25 SEP 2014
... and all our members and independent licensees," he said. However, today an FSC spokesperson said that the FSC's Financial System Inquiry (FSI) submission presenting the initiative had the sign off of the organisation's Advice Board Committee, which includes ...